Bailout trio due in Dublin to assess banks

IRELAND moved closer to accepting an EU-IMF bail out last night as a team from the IMF, the ECB and the European Commission arrives in Dublin later this week to assess the condition of the Irish banks.

Finance Minister Brian Lenihan said this will be the start of talks with the troika and the Irish Government on the issue.

He ruled out that any bailout would mean changing our corporation tax rate and said Irish sovereignty was not an issue.